reedjosh

20 ms·

151.
by reedjosh 4y ago
> 1. Enough voters/lobbyists will be convinced of its viability that political changes are made to accept it as currency (unlikely, given the traits of bitcoin) One can dream > 2. An epic tax-evasion crackdown that will make the
152.
by reedjosh 5y ago
If the government told you you're not a person, would that hold? To me you're saying nothing's money unless the government says it is. In my community there's a whole ecosystem of people trading goods and services in Bit
153.
by reedjosh 5y ago
Bitcoin fanatic here. No, it's literally about taking money printing away from corrupt governments worldwide.
154.
by reedjosh 5y ago
It's not about getting rich on Bitcoin, it's about taking back our choice of what money to use. Bitcoiners hate NFTs mostly because they give the whole space a bad rap.
155.
by reedjosh 5y ago
So using Fiat that corrupt governments worldwide print as a hidden means of taxation and control has noting to do with inequality? Avoiding that is the original and prime goal of crypto currency. Like anything new get rich quick schemes exi
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by reedjosh 5y ago
Politically working in sound money (no printer go brrrr) is governmentally forbidden. Bitcoin subverted the corrupt political process and has brought that choice back.
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by reedjosh 5y ago
> Limiting maximum mortgage terms to 9 Or at least not bolstering the mortgage market. Fannie and Freddie practically caused the extreme leverage mortgage phenom in the US.
158.
by reedjosh 5y ago
Count me part of the minority then
159.
by reedjosh 5y ago
If a short squeeze happens that by definition means the shorts were over zealous. If a market allows shorts it should allow a squeeze as a mechanism of balance.
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by reedjosh 5y ago
What can't be achieved otherwise is digitally transferrable value without government intervention.
161.
by reedjosh 5y ago
It was also driven by easy fed dollars and banks that knew they'd be bailed out.
162.
by reedjosh 5y ago
I love this. Yeah, they'll have to allow for off ramps or accept crypto for tax payments. I say have to as otherwise a rich private currency economy will grow unmolested by tax collectors.
163.
by reedjosh 5y ago
I think it could slow adoption, but I've been primarily buying offline. Soon I'll have a lightning node too--improving my BTC privacy. Defi exchanges are the next major advancement to government resistance as well. This space woul
164.
by reedjosh 5y ago
That's just evil, but also, likely not terribly enforceable. It would just bring crypto back to its roots as a government resistant alt currency. Being uncontrollable was the whole point. Particularly regarding Bitcoin and Monero.
165.
by reedjosh 5y ago
TBH, you've definitely got me there. Isn't it nice I could criticize them and have my opinion refuted without hostility?
166.
by reedjosh 5y ago
I do. I found the first article and read it prior to posting the link. I'm not referring to Jewish people, but corporations and corrupt government bodies. If you read the first article, you'll see the author is _really_ torn about
167.
by reedjosh 5y ago
I would say something like it comes down to a fundamental distrust of our society and its various institutions of power combined with the fact that despite this distrust _people_ are being made to go along with something they don't bel
168.
by reedjosh 5y ago
> 10,000 pilots left the airline industry during the pandemic. "airline industry" being the differentiator between what you listed and the original article's claim. Also, the number you're referencing is United Airlin
169.
by reedjosh 5y ago
If you find that interesting, have you investigated why _people_ do it?
170.
by reedjosh 5y ago
An article posted below: https://www.alaskasnewssource.com/2022/04/04/cancellations-c... > An Alaska Airlines captain, according to a news release from the airline, averages about $341,000 a year, but pilo
171.
by reedjosh 5y ago
https://www.cnbc.com/2021/10/01/alaska-airlines-employees-ne...
172.
by reedjosh 5y ago
Children with Leukemia are mega whiny.
173.
by reedjosh 5y ago
I wonder if the linkage could be replaced by a cable? My 77 Firebird has aftermarket shift and throttle cables. Of course, my Firebird is an automatic, so who knows. Maybe a two cable system would do?
174.
by reedjosh 5y ago
> You should expect that the market would build enough units that there were about as many homes as applicants in the absence of regulation. While I sympathize with the logic, there is no reason to expect that.
175.
by reedjosh 5y ago
> Build housing until the median number of applicants for a vacant home becomes 1 or 0. Make landlords desperate again This is so silly. Who's going to build these hypothetical housing units? So many that there are more houses than
176.
by reedjosh 5y ago
Well, I don't think there's even a good reason for the system to begin with, but generally I think the reasoning posited is something like: Debt is issued to those that are believed can pay it back. Giant low interest loans are gi
177.
by reedjosh 5y ago
> unless the design truly is cryptographically secure. You should also be asking for a system that prevents further legislature from removing the privacy respecting aspect of it. But at that point, Monero already exists.
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by reedjosh 5y ago
Today dollars are held and transacted through a number of systems/banks. As such, the government doesn't have a central place to monitor and or interrupt its subject's transactions. This and the removal of cash is the primary
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by reedjosh 5y ago
> but wants government regulation to prevent abuses of the system. But government is the original abuser of the system. That's _the_ reason cypherpunks built and adopted Bitcoin. Bitcoin was just the first digital money the governme
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by reedjosh 5y ago
The government has to know about your transactions and has to know where your cash is in these cases. The point is privacy like _cash_ -- not like digital bank transfers.

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